Drivetime

SoftwareSeries ASan Francisco, USdrivetime.fm

Latest round

Series A

Last raised

Sep 2019

Total raised

$15M

Investors

14

About Drivetime

Drivetime, Inc.Founded in 2018 and headquartered in San Francisco, US, Drivetime, Inc. specializes in streaming audio solutions. The founders, Cory Johnson and Niko Vuori, have aimed to address the needs of automobile enthusiasts and commuters. Drivetime, Inc.fm specializes in providing innovative streaming audio solutions that cater to various users, including automobile enthusiasts and daily commuters. Their core product offerings revolve around a customizable audio streaming platform that delivers tailored music and talk radio content to enhance the driving experience. This platform is designed to address the challenges of in-car entertainment by offering users the ability to select personalized playlists and receive real-time updates on traffic and road conditions. The service targets a diverse client base, primarily consisting of individual consumers within urban and suburban regions, as well as partnerships with automotive manufacturers and dealerships to integrate their technology into vehicles.fm is structured primarily around subscriptions, allowing users access to premium features and exclusive content through various pricing tiers.fm’s services in new vehicles. Flagship products, such as personalized playlist offerings and real-time traffic updates, are central to this revenue model, enhancing the overall value proposition for both end users and partners. Transactions are facilitated directly with consumers via a user-friendly mobile application, and partnerships with automotive retailers further expand the distribution of their audio streaming services.In September 2019, Drivetime, Inc. The company is focused on developing new features for its streaming platform, including enhanced personalization options and new integrations with emerging automotive technologies. Plans for geographical expansion include targeting major urban centers in the US, with an aim to establish a stronger presence in these markets by 2022.

Who invested in Drivetime

14 investors across 2 rounds

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Funding rounds

  1. Series A

    Sep 9, 2019

    Amount

    $11M

    Investors

    Locked

  2. Seed

    Nov 7, 2018

    Amount

    $4M

    Investors

    Locked

Questions about Drivetime

Who invested in Drivetime?

Drivetime has 14 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Drivetime raised?

Drivetime has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Drivetime last raise money?

Drivetime's most recent round on record is a Series A, in Sep 2019.

What does Drivetime do?

Drivetime is a software company.

Where is Drivetime headquartered?

Drivetime is headquartered in San Francisco, US.

Which VCs invest in companies like Drivetime?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Drivetime's stage. Their profiles are linked below.

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